Former Bank of America employees gave sworn statements that the bank lied to homeowners, denied loan modifications for bogus reasons and rewarded employees for sending homeowners to foreclosure.
While Wells Fargo CEO John Stumpf and his fellow banksters met in Salt Lake City, Alliance of Californians for Community Empowerment (ACCE) members mourned the damage they bank has caused the Bay Area with a protest at their Headquarters.
Thousands will be marching on the California State Capitol in in Sacramento on June 25th to ask the Legislature and governor to impose an immediate three-year foreclosure moratorium for California. Family Friendly-children encouraged to
Bank of America is making it difficult to investigate them for fraudulent practices. Arizona's Attorney General, while conducting follow-up interviews on borrower complaints was made aware that the bank was quietly working to modify questionable loans, and requiring homeowners to sign non-disclosure agreements in return.